- The firm generates $3.0 million of gross revenue with only one partner, which concentrates all reported revenue per partner at $3.0 million.
- EBOC is 50%, indicating that half of gross revenue remains after expenses before owner compensation and taxes.
- Revenue is diversified across audit, consulting, and tax, with each category representing 30% of revenue.
- The firm produces 30,000 billable hours, providing a measurable operating base for the practice.
- The staffing base of 20 employees supports the reported revenue and billable-hour volume.
- EBOC is 50%, which limits owner-level cash flow available to a buyer relative to top-tier CPA firm margins.
- The firm has only one partner generating the full $3,000,000 of revenue, creating significant key-person dependence and succession risk.
- The sole partner is age 78, which materially increases transition risk and may require near-term leadership replacement.
- Revenue is evenly split across audit, tax, and consulting at 30% each, which can reduce strategic focus and makes the revenue mix less specialized than a more concentrated platform.
- With 20 staff supporting $3,000,000 of revenue, the firm appears relatively small in scale, which can constrain operating leverage and buyer integration efficiency.
- Increase partner depth and succession readiness, as the firm is currently dependent on a single 78-year-old partner, which creates key-person risk and limits valuation durability.
- Expand leverage by building out the 20-person staff base to support the 30,000 billable hours and reduce reliance on partner-led delivery, improving scalability and margin resilience.
- Grow higher-value advisory work by increasing consulting revenue beyond the current 30% mix, which can support stronger pricing and a more attractive earnings profile.
- Preserve and potentially expand the audit and tax base, each at 30% of revenue, to maintain a balanced recurring service mix while cross-selling into consulting opportunities.
- Improve earnings quality and marketability by sustaining the 50% EBOC margin through tighter utilization and staffing efficiency as the firm scales.
- The firm is highly dependent on a single partner, with 1 partner and revenue per partner of $3.0M, creating key-person continuity and transition risk if that individual reduces involvement or exits.
- Partner age is 78, which materially heightens succession and retention risk given the absence of additional partners to absorb leadership, client, and technical responsibilities.
- The practice appears operationally lean at 20 staff supporting 30,000 billable hours, which can constrain capacity, increase workload concentration, and make service delivery more vulnerable to turnover.
- Revenue is evenly split across audit, tax, and consulting at 30% each, which limits diversification benefits and means performance in any one service line can materially affect overall results.
- EBOC is 50% of gross revenue, indicating a meaningful cost structure that may leave profitability sensitive to staffing, compensation, or utilization pressure.